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At a Glance: The William E. Simon Foundation

History: Established in 1967 by the businessman and former U.S. Treasury Secretary William E. Simon to support programs that are intended to strengthen the free-enterprise system and the moral and spiritual values on which it rests. Purpose and areas of support: To assist those in need by providing…

Simon Said to Help Others, and His 7 Children Have Done So

As his seven children grew up, the philanthropist and former Treasury Secretary William E. Simon worked hard to teach them how to do good works. Now he is giving his two sons and five daughters the same task on a larger scale: helping him distribute more than $350-million to charity in the coming…

Another Soros Plans to Give It All Away

When Paul Soros came to the United States from Hungary in 1948, he had $1,500 and little else. Though he had been accepted into engineering programs at Columbia and Harvard Universities, among others, he couldn’t figure out how to pay tuition and still have enough left over to get by. So he ended…

The Dance of Life

For students at AileyCamp, learning how to dance is but one goal. The free six-week day camp, which is operated by the renowned Alvin Ailey Dance Company of New York, gives disadvantaged children ages 11 to 14 the opportunity to learn self-discipline and build their self-esteem by immersing…

Giving Away a Personal Treasury

William Simon works to insure quick disbursement of his fortune William E. Simon, the former Treasury Secretary and a long-time apostle of conservative politics, approaches the AIDS patient in the small room at the Terence Cardinal Cooke Health Care Center in East Harlem. Mr. Simon quietly prays,…

Watchdog Watch

Following are summaries of recent reports by the Council of Better Business Bureaus’ Philanthropic Advisory Service and the National Charities Information Bureau. Those two private organizations report on whether charities meet standards for fund raising, governance, financial management, and…

People

American Medical Association (Chicago): Appointed E. Ratcliffe Anderson, a professor of medicine at the U. of Missouri at Kansas City, School of Medicine, to be chief executive. Association of Systematics Collections (Washington): Appointed Roberta Faul-Zeitler, a consultant based in Washington, to…

New Books

Advanced Wealth Transfer Under New Tax Laws: Case Studies Simplify Sophisticated Strategies to Reduce Estate Taxes By Richard E. Haas This book is intended to acquaint professionals with the latest estate-planning methods and to clarify the effects of the Tax Relief Act of 1997 on wealth transfer.…

Foundation Annual Reports

FOUNDATION FOR THE CAROLINAS 1043 East Morehead Street, Suite 100 Charlotte, N.C. 28204 (704) 376-9541 World-Wide Web: http://www.fftc.org Period covered: Year ending December 31, 1997. Finances (in millions) 1996 1997 Assets $164.9 $195.2 Net contributions 24.4 36.4 Other revenue 17.0 22.3…

Foundation Annual Reports

FOUNDATION FOR THE CAROLINAS